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SUMMARY
The UPI leader will look to raise $1.5 Bn via the public offer which will value it at $15 Bn
PhonePe is said to have finalised Kotak Mahindra, Citigroup and Morgan Stanley to helm the IPO
PhonePe made its listing plans public in February, without giving any details about the listing timeline or the size of the IPO
Months after converting to a public entity, Walmart-owned fintech major PhonePe
is edging close to filing its draft IPO papers. As per a report by Bloomberg, the UPI leader will look to raise $1.5 Bn via…
